In the latest installment of his Shortcuts to Factor Investing series, Mark Harrison, CFA, takes a deeper dive into equities and factor investing's wider applications to other asset classes, including fixed income.
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The South African Reserve Bank's Monetary Policy Committee kept its benchmark repurchase rate at 7% for a seventh consecutive meeting. Policymakers said the rand and improving inflation outlook could take a hit from ratings downgrades and politics. Bloomberg (26 May.)
Four leaders -- British Prime Minister Theresa May, French President Emmanuel Macron, Italian Premier Paolo Gentiloni and US President Donald Trump -- are making their debut at the Group of Seven summit amid significant change in national positions. G-7 leaders were once in broad agreement, but they are expected this year to seek common ground and to strive for trust among themselves as they discuss issues related to the economy, trade, climate change and security. CNBC (25 May.)
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